North Dakota Code § 32-41-05

Determining amount of the money of certain contract claims
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1. If an amount contracted to be paid in a foreign money is measured by a specified 
amount of a different money, the amount to be paid is determined on the conversion 
date.
2. If an amount contracted to be paid in a foreign money is to be measured by a different 
money at the rate of exchange prevailing on a date before default, that rate of 
exchange applies only to payments made within a reasonable time after default, not 
exceeding thirty days. Thereafter, conversion is made at the bank -offered spot rate on 
the conversion date.
3. A monetary claim is neither usurious nor unconscionable because the agreement on 
which it is based provides that the amount of the debtor's obligation to be paid in the 
debtor's money, when received by the creditor, must equal a specified amount of the 
foreign money of the country of the creditor. If, because of unexcused delay in 
payment of a judgment or award, the amount received by the creditor does not equal 
the amount of the foreign money specified in the agreement, the court or arbitrator 
shall amend the judgment or award accordingly.

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